Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

4-Traders Homepage  >  Equities  >  Swiss Exchange  >  Julius Bär Gruppe    BAER   CH0102484968

SummaryQuotesChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector newsTweets

Julius Baer Gruppe AG : Ordinary Annual General Meeting of Julius Baer Group Ltd.

share with twitter share with LinkedIn share with facebook
share via e-mail
0
04/11/2012 | 01:23pm CEST

In detail, the Ordinary Annual General Meeting 2012 of Julius Baer Group Ltd. passed the following resolutions:

  • The annual report, the financial statements and the Group accounts for the year 2011 were approved.

  • The dissolution and distribution of roughly CHF 196 million "share premium reserve/capital contribution reserve" was approved. The amount corresponds to a distribution of CHF 1.00 per registered share, of which CHF 0.60 is considered as ordinary and CHF 0.40 as special distribution. The distribution is not subject to the Swiss withholding tax and will be paid free of expense from 18 April 2012.

  • The members of the Board of Directors and of the Executive Board were discharged for the 2011 financial year.

  • Gilbert Achermann and Andreas Amschwand were elected as new members of the Board of Directors for a one-year term. The Board members Leonhard Fischer and Claire Giraut were re-elected, also for a one-year term. Raymond J. Baer and Peter Kuepfer did not seek re-election after many years in office.

  • 10 240 000 own shares with a par value of CHF 0.02 each which were bought back until 28 February 2012 under a share buyback programme will be destroyed. Thus, the share capital will be reduced by CHF 204 800 and the Articles of Incorporation amended accordingly.

  • KPMG AG, Zurich, was appointed as Statutory Auditors for another one-year period.

The Chairman's address by Raymond J. Baer and the presentation by Chief Executive Officer Boris F.J. Collardi are available on www.juliusbaer.com/agm (see link on the right).

distributed by
share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on JULIUS BÄR GRUPPE
09/25 JULIUS BÄR GRUPPE : Baer strengthens risk governance with executive appointments
09/23 JULIUS BAER : CEO Boris Collardi Appoints a Deputy
09/22 Julius Baer strengthens risk governance with executive appointments
09/22 JULIUS BÄR GRUPPE : Baer strengthens risk governance with executive appointments
09/13 Barclays plans growth for UK private bank with new chief exec
09/05 Julius Baer Group Ltd. places USD-denominated Additional Tier 1 bond
09/05 JULIUS BÄR GRUPPE : Baer Group Ltd. places USD-denominated Additional Tier 1 bon..
08/04 JULIUS BÄR GRUPPE : Bank bucks trend by expanding in Britain
08/04 JULIUS BÄR GRUPPE : Swiss bank set to open office in city
08/04 JULIUS BÄR GRUPPE : Swiss private bank expands UK operation with three new offic..
More news
News from SeekingAlpha
07/24 Julius Baer reports 1H results
2016 Julius Baer Group reports 1H16 results
2016 Swiss Markets Tumble On Brexit News
2016 HEWL : A Legendary Investment
2016 Julius Baer's (JBAXY) CEO Boris Collardi on Q4 2015 Results - Earnings Call T..
Financials ( CHF)
Sales 2017 3 158 M
EBIT 2017 841 M
Net income 2017 720 M
Debt 2017 -
Yield 2017 2,36%
P/E ratio 2017 17,47
P/E ratio 2018 15,50
Capi. / Sales 2017 4,12x
Capi. / Sales 2018 3,82x
Capitalization 13 026 M
Chart JULIUS BÄR GRUPPE
Duration : Period :
Julius Bär Gruppe Technical Analysis Chart | BAER | CH0102484968 | 4-Traders
Technical analysis trends JULIUS BÄR GRUPPE
Short TermMid-TermLong Term
TrendsBullishBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 24
Average target price 56,0  CHF
Spread / Average Target -3,8%
EPS Revisions
Managers
NameTitle
Boris F. J. Collardi Chief Executive Officer
Daniel J. Sauter Chairman
Nic Dreckmann Chief Operating Officer
Dieter A. Enkelmann Chief Financial Officer
Claire Giraut Independent Non-Executive Director
Sector and Competitors
1st jan.Capitalization (M$)
JULIUS BÄR GRUPPE28.79%13 303
JP MORGAN CHASE & COMPANY11.09%344 295
INDUSTRIAL AND COMMRCL BANK OF CHINA LTD39.23%324 667
BANK OF AMERICA16.88%276 847
WELLS FARGO-2.58%267 060
CHINA CONSTRUCTION BANK CORPORATION29.23%241 837